ZipRecruiter, Inc. Provides Earnings Guidance for the Second Quarter and Full Year 2022
May 11, 2022 at 05:00 pm EDT
Share
ZipRecruiter, Inc. provided earnings guidance for the second quarter and full year 2022. The company expects $234 million of revenue in second quarter 2022 at the midpoint, which translates to 28% year-over-year growth and reflects quarterly sequential growth similar to periods prior to the pandemic.
The company expects revenue for the full year 2022 of $915 million at the midpoint, representing 23% growth versus 2021.
ZipRecruiter, Inc. provides a two-sided marketplace for work that simplifies the job market for both job seekers and employers. The Company enables work by connecting job seekers and employers in its marketplace. The Companyâs technology delivers matches to its employers immediately after a job goes live and provides tools to streamline the candidate selection process. It provides job seekers with access to various jobs from all over the Internet. Job seekers can filter this array of opportunities by using numerous criteria to find the handful of potential matches on its Website or in its mobile app. On ZipRecruiter, job seekers create a profile and can then apply for certain opportunities with a single click. Its one-click application technology works across both its marketplace and certain Job Distribution Partners to remove barriers between a job seeker and their next opportunity. Jobs posted are distributed to well over 1,000 sites managed by its Job Distribution Partners.